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TraderAvDM
Oct 31, 2019 5:29 AM

AUDUSD: POTENTIAL SELL AT TREND LINE RESISTANCE Short

Australian Dollar/U.S. DollarFXCM

Description

As shown in the chart, AUDUSD has rallied to the Trend Line Resistance(Blue line). This area has stopped all the bullish movements in this pair so far this year.
So, traders can look for SELL between 0.6925-0.6940 with SL above 0.6980.
TPs can be set at 0.6860, 0.6825 and 0.6750 respectively.

Comment

Target 1 and 2 reached. Waiting for final TP
Comments
IllyrThrace
AUDUSD and NZDUSD may cut rates next week. That will match your chart reading for sure. Buy the mass drops.
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